Illinois Tool Works (ITW) Shares are Down -0.01%

Illinois Tool Works (ITW) has risen sharply, recording gains of 3.67% in the past 4 weeks. However, the stock has corrected -0.01% in the past 1 week, providing a good buying opportunity on dips. Illinois Tool Works (ITW) : Traders are bullish on Illinois Tool Works (ITW) as it has outperformed the S&P 500 by a wide margin of 3.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.65%, relative to the S&P 500.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 1.45% and the fifty day Moving Average is 6.74%. Illinois Tool Works Inc. is up 14.2% in the last three month period. Year-to-Date the stock performance stands at 30.51%.

Illinois Tool Works (ITW) : Average target price received by Illinois Tool Works (ITW) is $117 with an expected standard deviation of $8.97. The most aggressive target on the stock is $132, whereas the most downbeat target is $104. 9 financial analysts are currently covering the stock.


Illinois Tool Works (NYSE:ITW): stock turned positive on Friday. Though the stock opened at $119.64, the bulls momentum made the stock top out at $120.78 level for the day. The stock recorded a low of $119.07 and closed the trading day at $119.63, in the green by 0.19%. The total traded volume for the day was 1,347,483. The stock had closed at $119.4 in the previous days trading.

Illinois Tool Works Inc. (ITW) is a manufacturer of a range of industrial products and equipment. The Companys operates in seven segments: Automotive OEM, Test & Measurement and Electronics, Food Equipment, Polymers & Fluids, Welding, Construction Products and Specialty Products. These operations serve end markets as automotive original equipment manufacturers/tiers, automotive aftermarket, general industrial, commercial food equipment and construction. It produces components and fasteners for automotive-related applications; equipment, consumables and related software; commercial food equipment, adhesives, sealants, lubrication and cutting fluids; arc welding equipment, consumables and accessories; construction fastening systems and truss products, and beverage packaging equipment and consumables. The Company operates approximately 90 divisions in 57 countries.

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